Finance & Business

Mohamed Bennis named new B2B sales director at Orange Maroc

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Orange Maroc has announced the appointment of Mohamed Bennis as its new Director of B2B Sales. With an impressive track record within the company, Bennis is stepping into the role with extensive experience, having...

Stellantis opens stock purchase for Moroccan employees in major capital boost

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The Moroccan Capital Market Authority (AMMC) has given the green light to a significant capital increase for Stellantis, aimed exclusively at employees of the automotive giant’s subsidiaries, including those in Morocco. Approved on November...

Foreign investment in Moroccan mutual funds climbs by 37.6%

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Foreign investment in Moroccan mutual funds, known as OPCVM (Organismes de Placement Collectif en Valeurs Mobilières), rose significantly in 2023, totaling 3.5 billion dirhams (MAD), up from 2.5 billion MAD in 2022—a 37.6% increase,...

Capital boost for AXA employees: Moroccan AMMC approves exclusive share offer

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The Moroccan Capital Market Authority (AMMC) has announced the approval of AXA's definitive prospectus for a capital increase exclusive to its employees. This offering will add up to 58,951,965 shares, with documents accessible to...

Les Eaux Minérales d’Oulmès wins top honors for sustainability at ‘Arabia CSR Awards’

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Les Eaux Minérales d’Oulmès, a Moroccan leader in the bottled water industry, has reinforced its dedication to sustainable practices and social responsibility by winning the first prize at the prestigious Arabia CSR Awards 2024....

Foreign investors flock to Casablanca stock market with record investments

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The Casablanca Stock Exchange has never looked so attractive to foreign investors. In 2023, international investment in Moroccan stocks surged to an impressive 168 billion dirhams, marking a 7.9% increase from the previous year....

Students at Al Akhawayn University lead charge for a cash-free future

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Innovation took center stage in Ifrane over the weekend, where the second edition of the Bankathon, hosted by Al Akhawayn University (AUI) in partnership with CIH Bank, concluded on Sunday. Sixty students from various...

Renault Group Maroc appoints Zineb El Jazouli and Imane Rekaibi to top roles

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Renault Group Maroc has reinforced its leadership team with two strategic appointments. Effective November 1, 2024, Zineb El Jazouli takes on the role of Public Affairs Director, while Imane Rekaibi steps in as Director...

From AI to IoT: How insurtech is shaping the next era of insurance in...

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In a world marked by rapid transformations, insurtech—technology-based insurance solutions—is reshaping the industry by making insurance more accessible, personalized, and resilient. Insurtech holds vast potential to expand insurance access and boost financial inclusion, especially...

Sanam Holding sets its sights on Central America

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Sanam Holding, founded by visionary entrepreneur Saïd Alj, is charting an ambitious new course with plans to expand into El Salvador. This move aims to capitalize on the Central American country’s iconic exports such...

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